Global High Temperature Sealant Market - 2020-2027
発行: DataM Intelligence
ページ情報: 英文 180 Pages
The global high temperature sealant market size was worth USD XX billion in 2019 and is estimated to reach USD XX billion by 2027, growing at a CAGR of XX % during the forecast period (2020-2027).
A high-temperature sealant is a substance used to block the passage of fluids through a surface or joints in materials. High-temperature sealants are moisture-proof, seal ceramics dielectric properties and higher flexibility, making them suitable for widely used applications such as waterproofing, sealing, impregnating and coating in any high-temperature application. They are also used for waterproofing Cotronics' ceramic fiber products, high-temperature gaskets, sleeving and tapes.
An increase in demand for electrical components in industrial applications is a major driver of the market. Moreover, properties such as extreme temperature resistance, high durability, and excellent bond strength make high-temperature sealants used in the automotive and construction industries. This, in turn, is likely to boost the demand for temperature sealants in these industries during the forecast period.
Extensive applications of high-temperature sealants in various industries are expected to increase its market
High-temperature sealant exhibits properties such as extreme temperature resistance, high durability, flexibility and excellent bond strength. Due to these properties, they are widely used in various end-use industries such as automotive, electrical, industrial and others.
In the automotive sector, the high-temperature sealant is perfect for binding objects, such as valve covers, thermostat housings and fuel pumps. A high-temperature sealant type called silicones is widely used in automobiles as they are ideal for a hot engine.
Moreover, these sealants are widely used for many construction jobs. Silicone sealant is used in kitchens and bathrooms as it provides a clean and neat seal to sinks, showers and bathtubs, preventing mildew residue. Silicone sealant is also used on windows and doors to eliminates air infiltration and weather resistance.
Also, high-temperature silicones are also popular in industrial applications such as pump and compressor gaskets. Because of its flexibility, silicone sealant is used in a variety of craft projects.
Environmental regulation over VOC emissions is expected to hinder the high-temperature sealant market
Volatile Organic Compound is used to manufacture sealants, making them fluid and workable. Once the sealant is applied, it cures or hardens by the evaporation of the VOC. The application of these sealants and adhesives releases significant levels of volatile organic compounds (VOCs) into the environment, contributing to low-level smog and ozone depletion. Many regions have implemented laws that restrict the use of VOCs. Adhesives and sealants labeled VOC compliant have been reformulated to comply with these laws. Hence, these products are made with exempt VOCs, and they are made with a lower total volume of VOCs.
Based on chemicals, the high-temperature sealant market is segmented into silicon, epoxy and others.
Silicone sealant is a liquid form of adhesive formed with a different chemical makeup compared to other, more organic polymer-based adhesives. Silicone is resistant to chemicals, moisture and weathering. It also keeps elasticity and stability in both high- and low-temperature conditions. Moreover, high-temperature silicone sealants can withstand temperatures up to 600 degrees Fahrenheit and are resistant to aging, vibrations and shock. Hence, they are specially formulated to seal and encapsulate heating elements and industrial seals.
High-temperature silicones are used in automobiles because they are ideal for a hot engine. Some of these types of silicone's uses are valve covers, water and oil pump seals, axle housings, timing chain covers, fuel pump covers and solenoid covers. As per the industrial analysis, it is anticipated that the global automotive industry will grow to under nine trillion US dollars by 2030. New vehicle sales will account for about 38 percent of this value. Hence, the growing automotive sector will propel the growth of the high-temperature sealants market.
High-temperatures silicones are also used in industrial applications such as pump and compressor gaskets, humidifier gaskets, appliance door gaskets, ductwork, insulating wire and cable and furnace door gaskets.
The Asia-Pacific region dominates the global market of high-temperature sealant and is expected to witness the fastest growth due to the growing demand from various end-user industries in the countries such as China, India, South Korea and Japan, with China dominating the market. For instance, China is the world's largest electronics production base and gives tough competition to the existing producers such as South Korea, Singapore, and Taiwan. Electronic products such as smartphones, OLED TVs, and tablets have the highest growth rates in the consumer electronics segment of the market, in terms of demand. Moreover, the Chinese automotive manufacturing industry is the largest in the world.
Hence, growth in the above-mentioned industries is expected to drive the market for high-temperature sealant market during the forecast period.
The high temperature sealant market is moderately competitive with presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Dow Corning Corporation, Henkel AG & Co. KGaA, Vitcas, Jet-Lube, Inc., Master Bond Inc., Sika AG, H.B. Fuller, 3M Company, CSW Industrials Inc., PPG Industries Inc., among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the high temperature sealant market globally.
Overview: Vitcas is a global manufacturer of finest quality refractory products and high temperature insulation material. The company's headquarters is in Bristol, United Kingdom.
Product Portfolio: The company serves its products in six (6) categories, which are refractory materials, high temperature insulation, high temperature thermal textiles, heat resistant materials for fireplaces & stoves, plumbing & building products and wood fired ovens & precast shapes. High temperature sealant is in 'heat resistant materials for fireplaces & stoves' segment.
The global high temperature sealant market report would provide an access to an approx. 69market data table, 63 figures and 240 pages.
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